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    1363 W Walton St Chicago, IL 60642

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    For Sale
    $1,795,000

    Turnkey seven-unit multifamily property in a coveted West Town location.

    Property Features for 1363 W Walton St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1892

    Source: COLDWELL BANKER REALTY Agent DANIEL MERRION

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Noble Square Multifamily Investment Property

    This is an exceptional seven-unit multifamily property located in Noble Square / West Town. The all-brick building was fully gut-rehabbed in 2016. This turnkey investment features seven thoughtfully designed units in front, middle, and rear building locations, offering spacious layouts. Premium finishes are present throughout, including hardwood-style vinyl floors, gourmet kitchens with stainless steel appliances and granite countertops, spa-inspired bathrooms, and contemporary light fixtures. The building features modernized systems, including updated 2016 electrical, plumbing, central HVAC, underground sewer, flood mitigation, and in-unit laundry with stackable washer/dryers. Located in dynamic Noble Square, the property offers direct access to everything West Town is known for. It is transit-friendly, just minutes from CTA Blue Line stops at Division/Ashland/Milwaukee or Grand/Ogden/Milwaukee for easy commutes. It is a short walk to bustling Wicker Park and Fulton Market, renowned for dining, nightlife, boutique shopping, art galleries, and entertainment. Building-wide mechanicals were updated in 2016, minimizing management headaches. Major corridors are close to the Kennedy Expressway, the El, solid public parks with indoor and outdoor pool, dining, and nightlife.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6619506
    Latitude
    41.8986515

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    FAQs

    What type of property is this?
    Apartment building - Turnkey seven-unit multifamily property in a coveted West Town location.
    Where is this apartment building located?
    The property is located at 1363 W Walton St Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: - Prime Noble Square/West Town location with easy access to CTA Blue Line, Wicker Park, and Fulton Market dining, nightlife, and shopping.; - Fully gut-rehabbed in 2016, offering a turnkey investment.; - Seven thoughtfully designed units with spacious layouts.
    (312) 266-7000
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    1363 W Walton St Chicago, IL 60642
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    Chicago, IL 60642
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1363 W Walton St Chicago, IL 60642
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